Companies that make imports in Brazil face many taxes to complete the process of importation. This generates huge costs to the imported products sold in the Brazilian market. Learn more about what taxes apply to imports.
In fact, the imported products have to pay federal and state taxes (such as import tax, tax on manufactured products - "IPI", state sales taxes - "ICMS", social contributions as "PIS" and "COFINS"). Besides all these taxes, in each process of importation the taxpayer must pay what is called "TAXA SISCOMEX" ("SISCOMEX tax"), charged in a fixed amount.